Refinancing in high demand in Norwood as property owners cash in on lower rates

Tuesday, 21 April 2015

The strong refinancing activity has been experienced by Australia’s leading mortgage broker, Aussie Home Loans, which recently opened its new store in Norwood.

Aussie Norwood Franchisee Matthew Hartley, says property turnover in the area is low so they are seeing more home owners looking to refinance to a better deal.

“Norwood is located in the oldest South Australian local government municipality, and one of the most sought after, so property sales can be few and far between. While this mightn’t sound like a great opportunity for a mortgage broker, we’re finding that smart home owners are instead looking to refinance their home loans to make sure they are capitalising on the current low interest rates,” Hartley said.

Aussie Norwood will be officially opened in a special morning tea on Thursday, 30 April 2015, attended by founder and executive chairman of Aussie, Mr John Symond AM, Mayor Robert Bria and Councillor Luciana Marcuccitti, and other prominent local business people.

“We have been providing our expert mortgage service to help borrowers refinance their home loans to a better deal. Some of our customers have saved $1,000 or even $2,000 each month in repayments after we refinanced their mortgage from a rate starting with a five to a rate starting with a four.

Aussie Norwood Official Opening

“Our complete home finance advisory service includes a huge selection of competitively priced home loans from Aussie’s panel of up to 19 lenders, including the big banks, insurance products and personal loans. “We are very proud to be able to offer great financial solutions to the local community, and help customers through the process of finding, applying for and managing their mortgages,” Mr Hartley added.

Aussie Norwood gives local home buyers the choice of seeing its expert mortgage brokers either during the store’s opening hours from 9am to 5.30pm Monday to Friday, or by appointment outside these hours by calling (08) 8431 3323 or 13 13 33.